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Retirement and Welfare Plans (Tables)

12 Months Ended

Apr. 28, 2018

Retirement and Welfare Plans

Schedule of amounts recognized in accumulated other comprehensive loss

(Amounts in thousands)		4/28/2018			4/29/2017
Beginning of year net actuarial loss		$	36,397		$	36,850
Net current year actuarial (gain) loss		(2,546		)	2,605
Amortization of actuarial loss		(3,120		)	(3,058		)
End of year net actuarial loss		$	30,731		$	36,397

Schedule of combined net periodic pension cost and retirement costs

		(52 weeks)			(52 weeks)			(53 weeks)
(Amounts in thousands)		4/28/2018			4/29/2017			4/30/2016
Service cost		$	1,316		$	1,278		$	1,358
Interest cost		4,587			4,681			4,938
Expected return on plan assets		(4,818		)	(4,978		)	(4,997		)
Net amortization and deferral		3,120			3,058			3,001
Net periodic pension cost (hourly plan)		4,205			4,039			4,300
401(k)*		7,093			7,124			6,657
PCRP*		1,347			1,488			3,088
Other*		360			51			318
Total retirement costs (excluding non-qualified defined benefit retirement plan)		$	13,005		$	12,702		$	14,363

*Not determined by an actuary

Schedule of funded status of the defined benefit pension plan

(Amounts in thousands)		4/28/2018			4/29/2017
Change in benefit obligation
Benefit obligation at beginning of year		$	114,185		$	116,371
Service cost		1,316			1,278
Interest cost		4,587			4,681
Actuarial (gain) loss		(5,154		)	14
Benefits paid		(5,694		)	(7,728		)
Administrative expenses		(455		)	(431		)
Benefit obligation at end of year		108,785			114,185
Change in plan assets
Fair value of plan assets at beginning of year		109,012			112,484
Actual return on plan assets		2,211			2,387
Employer contributions		2,000			2,300
Benefits paid		(5,694		)	(7,728		)
Administrative expenses		(455		)	(431		)
Fair value of plan assets at end of year		107,074			109,012
Funded status		$	(1,711	)	$	(5,173	)

Schedule of amounts included in the consolidated balance sheet related to the defined benefit pension plan

(Amounts in thousands)		4/28/2018			4/29/2017
Other long-term liabilities		$	(1,711	)	$	(5,173	)

Schedule of actuarial assumptions for the defined benefit pension plan

		4/28/2018		4/29/2017		4/30/2016
Discount rate used to determine benefit obligations		4.2	%	4.1	%	4.1	%
Discount rate used to determine net benefit cost		4.1	%	4.1	%	4.2	%
Long-term rate of return		4.5	%	4.5	%	4.3	%

Schedule of fair value of the assets in the defined benefit pension plan

Fiscal 2018

(Amounts in thousands)		Level 1 (a)			Level 2 (a)			Level 3
Cash and equivalents		$	57		$	3,272		$	—
Equity funds		1,449			119			—
Debt funds		—			92,839			—
Total		$	1,506		$	96,230		$	—

(a) There were no transfers between Level 1 and Level 2 during fiscal 2018.

Fiscal 2017

(Amounts in thousands)		Level 1 (b)			Level 2 (b)			Level 3
Cash and equivalents		$	44		$	3,730		$	—
Equity funds		1,517			181			—
Debt funds		—			93,949			—
Total		$	1,561		$	97,860		$	—

(b) There were no transfers between Level 1 and Level 2 during fiscal 2017.

Schedule of expected benefit payments for each of the next five fiscal years and for periods thereafter

(Amounts in thousands)		Benefit  Payments
2019		$	6,620
2020		6,723
2021		6,830
2022		6,926
2023		6,997
2024 to 2028		35,077
		$	69,173

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Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

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-Name Accounting Standards Codification
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Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

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Tabular disclosure of the changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during the period.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

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